Circle launches cross-chain USDC transfer protocol for Ethereum, Avalanche
The new protocol burns coins on the sending chain, and mints new ones on the receiving chain. Go to Source Powered by WPeMatico
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The gamble of crypto airdrop hunting and what it means for blockchain devs
Airdrop hunting can be a lucrative enterprise, but it can also have significant financial risks attached. Go to Source Powered by WPeMatico
5 charged by DOJ over alleged crypto price manipulation scheme
Five people have been charged in relation to alleged market manipulation of an Ethereum-based token called “Hydro.” Go to Source Powered by WPeMatico
NFT.NYC: Games and tokenization are driving NFT industry maturation
At NFT.NYC 2023, Cointelegraph’s team learned firsthand how nonfungible tokens are shaping the digital world of tomorrow. Go to Source Powered by WPeMatico
New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap
A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The token is called Pepe (PEPE), and at the time of writing, it has become the sixth-largest meme coin asset in terms of market capitalization, valued at just over $130 million. … Read more
Connecting DeFi: How multichain token systems can improve liquidity
Multichain token systems can move tokens between different blockchains, allowing users to access liquidity across multiple markets. Go to Source Powered by WPeMatico
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days. … Read more
ERC-20 tool recovers $150M — Coinbase exec explains how
Will Robinson, vice president of engineering at Coinbase, explains the crypto exchange’s plan to increase its on-chain presence with new tools and the Base network. Go to Source Powered by WPeMatico
Euler Finance attack: How it happened, and what can be learned
The Euler Finance exploit was the largest of Q1 2023, and the risk of a similar attack on other protocols remains. Go to Source Powered by WPeMatico
Solana reveals cost-cutting solution for on-chain storage
Known as state compression, the technology promises to drastically reduce the cost of on-chain storage. Go to Source Powered by WPeMatico
